Published on November 28, 2023, this report by Jennifer Kent from Parks Associates indicates that 54% to 62% of households believe electricity costs are too high. Smart thermostat adoption is now at 16%, providing behind-the-meter solutions to better understand and control energy usage. While bundled services and connected devices offer energy efficiency with minimal impact on home comfort, the author emphasizes the next step: seamless interoperability between diverse apps, devices, and systems using standardized data formats and structured protocols. The Home Connectivity Alliance and The Matter Initiative are both working towards this goal.

Keywords: Access Controls, Cloud & Data Analytics, Connected Home, Control & Monitoring Equipment/Sensors, Data Networking, Energy Efficiency/Management, Home Networking, Internet of Things (IoT), Property Management, System Integrator